A-Share Three Major Indices Open 0.08%-0.7% Higher; SMIC Opens Over 3% Higher, HUA HONG GRACE Opens Over 2% Lower
AASTOCKS News·- The PBOC launched RMB 349 billion in overnight reverse repo operations, achieving a single-day net injection of RMB 348 billion as the RMB central parity against the USD was set at 6.7878. - The A-share three major indices opened 0.08% to 0.7% higher, with the Shanghai Composite, Shenzhen Component, and ChiNext indices opening up 0.08%, 0.32%, and 0.67% respectively. - Individual stock performances varied, with SMIC opening up 3.5% following a strong 2Q net profit increase of 261.7% YoY, while major bank and insurance stocks generally saw slight declines at the open.A-Share Three Major Indices Gain 0.8%-1.3% at Midday; CXMT Jumps 9% with Mkt Cap Exceeding RMB4T; KWEICHOW MOUTAI Drops Over 4%
AASTOCKS News·- China's three major A-share indices rose 0.8% to 1.3% by midday on 17 Aug 2026, alongside the RMB central parity rate reaching 6.7873. - Chip stocks and major sectors generally advanced, highlighted by CXMT surging 9% with its market capitalization surpassing RMB 4.02 trillion. - KWEICHOW MOUTAI dropped over 4% after reporting a 1.95% YoY decline in 1H26 net profit to RMB 44.517 billion.Three Major A-Share Indices Open 0.3%-1.5% Higher; ZHONGJI INNOLIGHT Surges Over 4%
AASTOCKS News·- The three major A-share indices opened 0.3% to 1.5% higher, while the PBOC conducted a single-day net withdrawal of RMB 1 billion through reverse repos. - Banking and insurance stocks generally opened lower, whereas chip, AI-related, and optical module stocks registered varying gains, with ZHONGJI INNOLIGHT surging over 4%. - Cambricon noted that future market changes may increase inventory impairment risks, prompting plans to expand the market and control risks.